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Judge approves Midway sale to Warner Bros.
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Posted by Donster on: 2009-07-02 18:25:22 253
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Mortal Kombat maker cleared to emerge from bankruptcy thanks to $33 million acquisition offer.
By Brendan Sinclair, GameSpot
Midway Games is just about ready to turn the final page on its Chapter 11 saga: a Delaware bankruptcy court judge yesterday approved the company's proposed $33 million sale to Warner Bros. Interactive Entertainment. The sale should close in short order, as the judge waived a standard 10-day waiting provision in such cases, saying "time is of the essence."
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